ThreeFold

What is ThreeFold (TFT)? Founded in 2016, ThreeFold is a fully comprehensive peer-to-peer Internet and Cloud stack that enables universal access to a smart contract-based infrastructure. According to its documentation, ThreeFold allows any current or future digital workload including blockchains, IoT networks, oracles, decentralized organizations and applications, to be hosted natively on their tamper-proof and ultra-efficient decentralised infrastructure.

ThreeFold is driven by an open-source community of projects, stack developers, node operators, infrastructure experts and more. They focus on protecting the vision of a truly decentralized Internet infrastructure that is available, accessible and affordable to everyone, everywhere.

The ThreeFold Token (TFT) is a utility token that was designed to ensure anyone can participate in exchanging Internet and Cloud resources in the network without intermediaries. It incentivises node operators with monthly income and is used by developers to build and run workloads.

Learn more about ThreeFold on their [website](https://threefold.io/). Who are the founders of ThreeFold? Kristof de Spiegeleer is a co-founder and CEO at ThreeFold. After completing his masters degree in computer engineering at the university of Gent, de Spiegeleer started building the first data center in Europe with PSI Net in the mid 90s.